Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, and Gevo, Inc. have announced a letter of intent to jointly invest in building and operating one or more new facilities that would process inedible corn to produce sustainable aviation fuel, which can lower the lifecycle carbon intensity of fuels used in the aviation industry. The new facilities would also produce proteins and corn oil. Through the proposed collaboration, Gevo would operate its proprietary technology to produce sustainable aviation fuel and renewable blending components for motor gasoline to lower its lifecycle carbon intensity. In addition to co-investing…
Read MoreChevron, Gevo Announce Intent to Pursue Sustainable Aviation Fuel Investment
